1st Advantage MortgageIn Collin County, Texas, the typical household earns $121,600 a year and the typical rent is $1,859. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in Texas before sharing details.
On this page
- Collin County, TX: the basics
- Household income in Collin County
- Collin County housing compared with Texas
- Employment and commuting in Collin County
- Regional comparison for Collin County
- The communities that make up Collin County
- Who lives in Collin County, in numbers
- Before borrowing in Collin County
- Budget math at the Collin County median
- Texas rules that apply in Collin County
- Before you sign
- More guides for Collin County
- Frequently asked questions
Collin County, TX: the basics
The latest five-year Census estimate puts Collin County's population at 1,163,337; only 5 of Texas's 254 county-level areas are larger. It covers 841 square miles of land, or about 1,383 people per square mile. For statistical purposes it belongs to the Dallas-Fort Worth-Arlington, TX metro area, as delineated by the Office of Management and Budget in July 2023. The Census Bureau counts 24 places in the county (22 incorporated, 2 census-designated); the largest is Plano, with about 290,594 residents, or 25% of the county.
Household income in Collin County
At $121,600, the typical Collin County household income is 85% above the median U.S. county ($65,681).
| Income band | Share in Collin County | Difference from Texas |
|---|---|---|
| Under $35,000 | 10.9% | -10.5 pts |
| $35,000 to $99,999 | 30.3% | -9.1 pts |
| $100,000 to $199,999 | 33.3% | +6.6 pts |
| $200,000 or more | 25.5% | +13.0 pts |
The spread is wide: 59% of Collin County households make $100,000 or more, and 11% make less than $35,000. 6.2% of residents fall below the federal poverty line (statewide: 13.8%). For a borrower in Collin County, the county median is only context: a lender looks at the income you can document, so pay stubs, benefit letters or tax returns matter more than any average.
Collin County housing compared with Texas
Median gross rent, utilities included, comes to $1,859 in Collin County versus $1,403 statewide. Rent takes 30% or more of income for 48% of renter households here. The median owner-occupied home is valued at $475,600, about 3.9 times the median household income. Owners occupy 65% of homes. Median construction year: 2003.
| Measure | Collin County | Texas | Median U.S. county |
|---|---|---|---|
| Median gross rent | $1,859/mo | $1,403/mo | $877/mo |
| Median home value | $475,600 | $283,800 | $185,300 |
| Owners | 65% | 63% | 75% |
| Rent-burdened renters | 48% | 52% | 45% |
| Burdened owners | 26% | 29% | n/a |
Employment and commuting in Collin County
The biggest employer of Collin County residents, by industry, is education and health care at 19% of workers, followed by professional and administrative services (19%). Finance, insurance and real estate stands out: 14% of workers here, versus 7% statewide. Averaged over the five survey years, 4.2% of the labor force was out of work and looking. About 62% drive to work alone and 19% have trips of 45 minutes or more.
| Top industries | Collin County share | +/- vs Texas |
|---|---|---|
| Education and health care | 19.1% | -2.5 pts |
| Professional and administrative services | 19.0% | +6.1 pts |
| Finance, insurance and real estate | 13.6% | +6.6 pts |
| Retail trade | 10.4% | -0.6 pts |
| Manufacturing | 8.7% | +0.1 pts |
| Arts, lodging and food service | 7.6% | -0.8 pts |
If your hours swing with the season or with overtime, size a loan payment against your base pay, not your best month.
Regional comparison for Collin County
Six nearby counties, 23 to 39 miles away by the straight-line distance between their centers. Income ranges from $71,938 in Hunt County to $127,981 in Rockwall County; 1 of these neighbors top Collin County's median.
| County | Miles | Median household income | Median rent | Homeownership |
|---|---|---|---|---|
| Collin County | - | $121,600 | $1,859/mo | 65% |
| Rockwall County, TX | 23 mi | $127,981 | $1,992/mo | 83% |
| Hunt County, TX | 29 mi | $71,938 | $1,222/mo | 71% |
| Grayson County, TX | 30 mi | $72,182 | $1,310/mo | 67% |
| Denton County, TX | 31 mi | $111,498 | $1,728/mo | 65% |
| Dallas County, TX | 32 mi | $76,547 | $1,565/mo | 51% |
| Fannin County, TX | 39 mi | $72,295 | $1,035/mo | 79% |
The communities that make up Collin County
24 Census places fall mainly inside Collin County; the 14 biggest are below. They account for 1,067,751 residents, leaving about 8% of the county in unincorporated, unnamed areas. Incomes vary by place: $248,854 at the median in Seis Lagos, $64,306 in New Hope. Names with links open a city guide. The other 19 places are covered here.
| Community | Type | Residents | Household income (median) | Rent (median) | Distance |
|---|---|---|---|---|---|
| Plano | city | 290,594 | $112,253 | $1,841 | 14 mi |
| Frisco | city | 219,304 | $150,212 | $2,014 | 14 mi |
| McKinney | city | 210,600 | $124,215 | $1,901 | 5 mi |
| Allen | city | 110,265 | $130,901 | $1,932 | 8 mi |
| Prosper | town | 37,869 | $195,281 | $2,176 | 14 mi |
| Celina | city | 34,268 | $170,894 | $2,379 | 15 mi |
| Sachse | city | 30,491 | $131,808 | $1,798 | 16 mi |
| Princeton | city | 25,229 | $105,200 | $2,239 | 4 mi |
| Anna | city | 24,330 | $105,593 | $2,105 | 11 mi |
| Murphy | city | 21,188 | $175,699 | $2,847 | 12 mi |
| Melissa | city | 20,136 | $138,763 | $2,532 | 7 mi |
| Fairview | town | 10,783 | $109,347 | $1,947 | 4 mi |
| Lucas | city | 8,351 | $221,364 | n/a | 6 mi |
| Lavon | city | 6,498 | $131,303 | $2,203 | 15 mi |
Who lives in Collin County, in numbers
56% of Collin County adults 25 and older hold a bachelor's degree or more. The uninsured rate is 9.5%, against 17.1% for Texas.
| Residents | Collin County | Texas | Middle U.S. county |
|---|---|---|---|
| Median age | 37.3 | 35.6 | 41.5 |
| Bachelor's or higher | 56.2% | 33.8% | 22.2% |
| No high school diploma | 5.4% | 14.0% | n/a |
| No health insurance | 9.5% | 17.1% | 7.8% |
| No vehicle | 3.2% | 5.4% | 5.4% |
| Work from home | 27.5% | 14.4% | 8.7% |
| Poverty rate | 6.2% | 13.8% | 13.2% |
| Unemployment (ACS) | 4.2% | 5.3% | 4.4% |
| One-way commute | Share of Collin County workers |
|---|---|
| Under 15 min | 20.5% |
| 15 to 29 min | 34.7% |
| 30 to 44 min | 25.4% |
| 45 to 59 min | 11.4% |
| 60+ min | 8.1% |
Before borrowing in Collin County
Based on the Collin County data above, these borrowing questions are most likely to matter locally.
- Long drives. With 19% of commutes over 45 minutes, tires and repairs are fixed costs in many Collin County budgets.
- Higher earners. 59% of households clear $100,000; shop at least three lenders and pick the shortest term.
- Renters under pressure. When 48% pay 30% or more for rent, the smallest loan that solves the problem is the right size.
Budget math at the Collin County median
Here is the Collin County median household run through a simple DTI check. Your numbers will differ.
- Median income divided by twelve: $10,133 before taxes
- Less median rent of $1,859, which is 18% of it
- At 35%, room after rent is $1,688 a month
- At 45%, room after rent is $2,701 a month
Car, student loan and card payments come out of that room first. Try your own numbers in the calculator.
Texas rules that apply in Collin County
Before sharing details with a lender, a Collin County resident can confirm its license with the Texas Department of Banking. The Office of Consumer Credit Commissioner handles consumer-credit questions as well. The Consumer Financial Protection Bureau accepts complaints nationwide. More on Texas: Texas personal loans.
Before you sign
Four checks before you sign anything:
- Write down what the expense costs; a smaller loan costs less.
- Line up offers side by side: APR, fees in dollars, total cost.
- Only work with lenders licensed for Texas borrowers.
- Lock paid-off cards after consolidating so balances stay at zero.
More guides for Collin County
City guides inside Collin County, and the statewide guide:
Frequently asked questions
What does a typical Collin County household make?
About $121,600 a year at the median (ACS 2020-24), 55% above the Texas median.
How much is rent in Collin County?
Median gross rent, utilities included, is $1,859 a month; 48% of renters spend 30% or more of income on it.
Which towns does the Collin County guide cover?
Every community in the county, unincorporated areas included. The largest of its 24 Census places: Plano, Frisco, McKinney, Allen, Prosper.
Are Collin County applicants treated differently?
No. Everyone answers the same questions and is screened on the same objective points; lending partners set their own criteria under fair-lending laws.
Who do I complain to about a lender in Collin County?
Start with the Texas Department of Banking, then the CFPB complaint portal. Keep copies of every message.